CBD business owners and cannabinoid entrepreneurs all have ideas as to what the next big trend in the industry might be. It could be a topical anti-aging CBD wonder cream breakthrough, a line of craft cannabinoid cocktails, or a hundred other great possible products. But where does the data direct us? What do the statistics show? Why do the figures often turn to facts? For budding business people and experienced economists alike, this panel will examine the hard data that drives the trends, and ultimately dollars, in the rapidly expanding CBD industry.
Table of contents
00:00:18 Introduction
00:05:09 Different ways to source your product
00:08:15 Cost difference to hit the white label
00:12:30 Determining your target audience
00:18:31 How to advertise your CBD products?
00:22:30 Budget to start your CBD business
00:24:35 3 reasons why people buy CBD
00:26:25 Which audiences drive traffic?
00:30:15 An example of how to source the product
00:36:09 Unique products
00:38:50 How to enter the market?
00:40:04 Q&A
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